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The Roaring Twenties: Economy

The Roaring Twenties: Economy. Ariel Klinger Joseph Myers. Thesis. In this presentation we will inform you about the changes in the economy during the 1920s. Beginning. Peacetime Economy Weapons were no longer need Consumer goods Agriculture and Industries Severe Recession. Middle.

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The Roaring Twenties: Economy

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  1. The Roaring Twenties: Economy Ariel Klinger Joseph Myers

  2. Thesis • In thispresentation we will inform you about the changes in the economy during the 1920s.

  3. Beginning • Peacetime Economy • Weapons were no longer need • Consumer goods • Agriculture and Industries • Severe Recession

  4. Middle • Buying and Selling goods • Large amounts • Large profit • Earning more and more • Big spending • Buying on credit • Buying stocks • Care- free • Did what they wanted

  5. End • Economic crisis • Stocks • Rich  Poor • Loss all money • Businesses closing • No money to spend • Bonds • Selling fake bonds • Beginning of the Great Depression • Decade long

  6. Industrial Recovery • Industrial production began to recover • Started selling household products • Deflation • Installment buying • Department stores • Sell more for less

  7. Government Boost • High Tariffs • Imports • No taxes for the wealthy • More spending • Able to by stocks • Gamble • Large quantities

  8. Wall Street Crash of 1929 • October 1929 • Real Estate decline (1925) • Lead to the Great Depression • 16 million trades • Chaos http://www.5min.com/Video/Learn-about-The-1929-Stock-Market-Crash-117508912

  9. Facts • 15,000 U. S. millionaires • 15 million Model Ts were sold • 1925- Americans got 75% of their cars on the installment plans.

  10. Sources "1920's Business and Economy." The 1920's - Roaring Twenties - The Nineteen Twenties in History. Web. 27 Jan. 2010. <http://www.1920-30.com/business/>. "Roaring Twenties." United States History. Web. 28 Jan. 2010. <http://www.u-s-history.com/pages/h1564.html>. "Of 1929." Stock Market Crash. Web. 28 Jan. 2010. <http://www.stock-market-crash.net/1929.htm>.

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